When it comes to population control, policies, laws and awareness campaigns come to mind, but a small product is silently playing the biggest role. People look away as soon as they hear its name, but its market is in billions. The name of this product is condom, which has become not only a necessity but also a big business in an Asian country. Let us know in which country condoms are sold the most and how big is its market there.
Increasing population and increasing need for condoms
The increasing population of the world has become the biggest challenge for governments today. Population control is considered necessary to cope with the pressure on health services, lack of resources and to maintain social balance. In this direction, condom has emerged as the simplest, cheapest and effective means. In the last few years, awareness about it has increased rapidly in many countries of Asia, which has had a direct impact on its sales.
Who leads in condom sales in Asia?
According to various international reports, China is at the forefront in the sale of condoms in Asia. According to statistics, about 5.8 billion units of condoms are consumed every year in China. This number is much more than any other country in Asia. In this list, India comes second and Türkiye comes third, but China’s lead is considered quite big.
Why is the condom market so big in China?
China’s population is about 1.4 billion and out of these, more than 60 crore people are considered sexually active. Such a large population in itself creates a huge demand for condoms. Apart from this, the Chinese government has been continuously running awareness campaigns regarding sexual health, safe relationships and prevention of sexually transmitted diseases. These campaigns have reduced social hesitation regarding condoms to a great extent.
How many billion dollars is China’s condom business worth?
China’s condom market is very big not only in units but also in terms of money. According to reports, China’s condom market was worth about US $ 3.69 billion in the year 2023. It is estimated that this market may grow to approximately US$7.24 billion by 2030. This means that this business is moving towards doubling in the coming years.
At what speed is this market growing?
The condom market in China is growing at a compound annual growth rate of about 10 percent. This growth is not only due to population, but changing thinking, better sex education and increasing awareness about health are also major reasons for it. Latex condoms have more than 85 percent share in the market, which are considered more popular in terms of both quality and price.
Big companies and foreign imports
Many domestic and international companies are active in the condom business in China. Brands like Okamoto, Sagami, Beilele and Ilasun have a strong hold here. Apart from this, China also imports condoms in large quantities from countries like Thailand, Japan and Malaysia. Many consumers associate foreign brands with better quality, due to which imports are also continuously increasing.
Situation in India and other Asian countries
India ranks second in Asia in terms of condom sales, but social hesitation still remains a big challenge here. However, due to government schemes and health campaigns, the condom market is gradually increasing in India too. Its demand is increasing rapidly in urban areas in Türkiye, Japan and South-East Asian countries also.
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